San Fernando Valley Business Journal


Class for Rent

College to convert vacant supermarket into schoolAntelope Valley College’s conversion of former supermarket and medical offices drives attention to tired strip mall.

By Carol Lawrence July 11, 2016 midnight   $$ Share

Sage Growth Points to Future

PUBLISHING: Academic journal powerhouse takes bigger digs.

Academic and professional demand drives growth at Sage Publications.

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Cunard Line’s Grand Dame Gets Facelift

Queen Mary 2 even pampers pets after $132 million refit.

Cunard upgrades to house more ocean-going pets.

The Number

Global direct foreign investments swelled 36 percent last year.

Hospital Vows to Fight on in Funding Lawsuit

POLITICS: Despite judge’s decision, Antelope Valley thinks county owes money.

Antelope Valley Hospital had its first court hearing earlier this month regarding its lawsuit against Los Angeles County and its board of supervisors for allegedly misallocating billions of dollars of Measure B funding.

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Gas Leak Yields Windfall of Work

LAW: Attorneys sign up hundreds of Porter Ranch residents.

The Porter Ranch gas leak has attracted a swarm of attorneys.

Crop Firm Ends in Acquisition

AGRICULTURE: Land O’Lakes to pay $17 million for Ceres.

Ceres Inc.’s switch to improving forage crop yields attracts purchase offer from Land O’Lakes.

Urgent Care Prefers Cash, Not Coverage

Glendale clinic has a $499 inclusive deal that avoids insurance.

Excluding insurance brings business but also potential risks to Glendale fixed-price clinic.

Startup Sells Shares to Fund TV Blitz

Resolution website to put its spots on air.

What’s a national TV ad campaign worth? 10 percent of its equity, according to one startup.

Mompreneur Knows Value of a Network

Michelle Arevalo’s child-friendly events attract women in sales.

Professional moms and kids get business-oriented playdates through networking startup.

The Number

In births of startups, L.A. metro ranks fourth but only 33rd for growing them.

Gannett Buys Digital Future

ACQUISITION: ReachLocal in Woodland Hills to join newspaper chain in $156 million deal.

Why Gannett Co. Inc. sees value in online marketer ReachLocal Inc.

Amgen Incubators Grow Startups for Harvest

BIOTECH: Venture division seeks access to technology, potential takeovers.

Amgen Inc. backs startups for their future value.

Skunk Works Comes Clean on Energy Production

ENVIRONMENT: Lockheed installs 3,300 solar panels adjacent to Palmdale plant.

The top secret Lockheed Martin Corp. Skunk Works facility in Palmdale is now generating a portion of its own power from a solar installation that went active at the end of May.

Apollo Sees Surge in North California Hospitals

MANAGEMENT: Company secures staffing contracts for doctors at two facilities.

Health management company Apollo Medical Holdings Inc. is expanding in Northern California, securing two new contracts to provide hospitalist services to Mee Memorial Hospital in King City and Salinas Valley Memorial Hospital in Salinas.

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In Tune With the Times

Looking for a second career? David Bash switched from college instructor to music festival promoter.

International Pop Overthrow Music Festival promoter David Bash.

SPECIAL REPORT: The Silver in Service

Service-focused enterprises again lead the Business Journal’s ranking of most lucrative Valley-area companies – and there’s a reason for it.

Overview of the top two most profitable companies and how they do it.

SPECIAL REPORT: Mouse Tops Size List

Why some local public companies have left the list.

Could Theater Makeover Resurrect Reseda?

REDEVELOPMENT: Mixed-use project would have senior housing and a multiplex.

For its downtown, Reseda wants the same attractions other neighborhoods want – places to shop, eat and be entertained so residents and visitors will stay and spend money there.

Around the Valleys

News and notes from the greater San Fernando Valley

Christian multimedia company Salem Media Group launched a news talk radio station over the July 4 weekend, airing throughout the greater San Francisco metro area – including Modesto, Sacramento and San Jose.


Calendar of events

California Resources’ Bad Luck

Massive debt, tanking oil prices, Brexit and lastly a mini-tender offer tell a bad-luck story for California Resources Corp.

Hotel Quandary in Calabasas

HOSPITALITY: Height limit forces developer to weigh self-storage.

Three-story hotel or a three-story self-storage facility? Calabasas awaits the future of a 4-acre parcel off Las Virgenes Road.

Giants Join to Tackle Diabetes

BIOTECH: Medtronic, Qualcomm to create sugar-tracking system.

Medtronic and Qualcomm’s partnership in blood sugar monitoring has to catch up with competitors.

Taking a Hit

New tobacco laws thin the crowds at hookah bars

Smoking age is now 21. What’s in store for local hookah bars?